insolvency
noun /ɪnˈsɒlvənsi/
/ɪnˈsɑːlvənsi/
[uncountable, countable] (plural insolvencies)
- the state of not having enough money to pay what you owe; an occasion when this happens
破产：没有足够的钱来支付欠款的状态；发生这种情况的时候 - The company is close to insolvency.
这家公司即将破产。 - UK food suppliers said they expected more insolvencies in their sector this year.
英国食品供应商表示，他们预计今年该行业将出现更多破产。
- The company is close to insolvency.